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- #181
"Raising wages" from $6 to $6.25 doesn't do much for labor retentionThey do in New England or else they lose them. Unemployment is 3% in Boston. My clients are having a very difficult time retaining and attaining blue collar employees. They have raised wages and are paying bonuses.That’s the rub.Better for his workers as he can pay them more vs paying more for one time construction. Govt should stay out of free markets.Better for him, not better for the workersSome not all. Example: A restaurant was being built in Boston and the CFO went non union because it was cheaper. Union protested by blocking and distracting but using the union would have cost the owner 2x the amount. Crazy. Unions aren’t all great.
Without unions employers can pay their workers more......but they don’t
I just attended a conference where they talked about how hard it was to get HVAC mechanics and building maintenance people.
What they failed to mention was that they pay these people $15/hr. That's 30K a year folks.
If they don't work OT. Again, Herr Lesh, supply and demand. Learn economics.